AvalonBay Communities Inc... (AVB)
AvalonBay Communities Statistics
Share Statistics
AvalonBay Communities has 142.37M shares outstanding. The number of shares has increased by 0.05% in one year.
| Shares Outstanding | 142.37M |
| Shares Change (YoY) | 0.05% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 93.98% |
| Shares Floating | 141.82M |
| Failed to Deliver (FTD) Shares | 26 |
| FTD / Avg. Volume | < 0.01% |
Short Selling Information
The latest short interest is 2.83M, so 1.99% of the outstanding shares have been sold short.
| Short Interest | 2.83M |
| Short % of Shares Out | 1.99% |
| Short % of Float | 2.75% |
| Short Ratio (days to cover) | 3.64 |
Valuation Ratios
The PE ratio is 28.87 and the forward PE ratio is 35.79. AvalonBay Communities's PEG ratio is 1.82.
| PE Ratio | 28.87 |
| Forward PE | 35.79 |
| PS Ratio | 10.72 |
| Forward PS | 7.4 |
| PB Ratio | 2.62 |
| P/FCF Ratio | 19.43 |
| PEG Ratio | 1.82 |
Enterprise Valuation
AvalonBay Communities has an Enterprise Value (EV) of 39.38B.
| EV / Sales | 13.51 |
| EV / EBITDA | 18.26 |
| EV / EBIT | 24.49 |
| EV / FCF | 24.49 |
Financial Position
The company has a current ratio of 0.36, with a Debt / Equity ratio of 0.69.
| Current Ratio | 0.36 |
| Quick Ratio | 0.36 |
| Debt / Equity | 0.69 |
| Debt / EBITDA | 3.83 |
| Debt / FCF | 5.13 |
| Interest Coverage | 9.57 |
Financial Efficiency
Return on Equity is 9.06% and Return on Invested Capital is 10.71%.
| Return on Equity | 9.06% |
| Return on Assets | 5.15% |
| Return on Invested Capital | 10.71% |
| Revenue Per Employee | $995.14K |
| Profits Per Employee | $369.53K |
| Employee Count | 2,928 |
| Asset Turnover | 0.14 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -445K |
| Effective Tax Rate | -0.04% |
Stock Price Statistics
The stock price has increased by 8.23% in the last 52 weeks. The beta is 0.87, so AvalonBay Communities's price volatility has been higher than the market average.
| Beta | 0.87 |
| 52-Week Price Change | 8.23% |
| 50-Day Moving Average | 211.36 |
| 200-Day Moving Average | 218.5 |
| Relative Strength Index (RSI) | 51.87 |
| Average Volume (20 Days) | 813.05K |
Income Statement
In the last 12 months, AvalonBay Communities had revenue of 2.91B and earned 1.08B in profits. Earnings per share was 7.61.
| Revenue | 2.91B |
| Gross Profit | 2.91B |
| Operating Income | 2.17B |
| Net Income | 1.08B |
| EBITDA | 2.16B |
| EBIT | 1.31B |
| Earnings Per Share (EPS) | 7.61 |
Balance Sheet
The company has 108.58M in cash and 8.25B in debt, giving a net cash position of -8.14B.
| Cash & Cash Equivalents | 108.58M |
| Total Debt | 8.25B |
| Net Cash | -8.14B |
| Retained Earnings | 0 |
| Total Assets | 21B |
| Working Capital | -479.21M |
Cash Flow
In the last 12 months, operating cash flow was 1.61B and capital expenditures 0, giving a free cash flow of 1.61B.
| Operating Cash Flow | 1.61B |
| Capital Expenditures | 0 |
| Free Cash Flow | 1.61B |
| FCF Per Share | 11.32 |
Margins
Gross margin is 100%, with operating and profit margins of 74.4% and 37.13%.
| Gross Margin | 100% |
| Operating Margin | 74.4% |
| Pretax Margin | 37.16% |
| Profit Margin | 37.13% |
| EBITDA Margin | 74% |
| EBIT Margin | 74.4% |
| FCF Margin | 55.18% |
Dividends & Yields
AVB pays an annual dividend of $6.85, which amounts to a dividend yield of 3.19%.
| Dividend Per Share | $6.85 |
| Dividend Yield | 3.19% |
| Dividend Growth (YoY) | 2.94% |
| Payout Ratio | 90.13% |
| Earnings Yield | 3.46% |
| FCF Yield | 5.15% |
Analyst Forecast
The average price target for AVB is $235, which is 13.5% higher than the current price. The consensus rating is "Hold".
| Price Target | $235 |
| Price Target Difference | 13.5% |
| Analyst Consensus | Hold |
| Analyst Count | 14 |
Stock Splits
The last stock split was on Jan 7, 2013. It was a backward split with a ratio of 8:9.
| Last Split Date | Jan 7, 2013 |
| Split Type | backward |
| Split Ratio | 8:9 |
Scores
| Altman Z-Score | 2.28 |
| Piotroski F-Score | 7 |